Yes, absolutely. Thank you so much for the question.
We work very closely with campground operators, obviously, because consumers purchase their RV, but they need some place to go and enjoy while touring Canada. What has happened is that there was a change in interpretation a few years ago, whereby campgrounds were being seen as investment businesses and not small businesses. CRA was looking at a number of campgrounds across Canada, reassessing them and saying that they were just investment properties. They didn't really look at the services being offered.
The issue with that becomes that these campgrounds could then potentially pay a tax rate of up to almost 50% as an investment business. You can appreciate that campground operators are generally open for only a small portion of the year—four or five months. They don't qualify to have five full-time employees because they're generally closed during the winter, so they don't qualify as a small business.
The concern from the campground operators is that this hasn't been amended in the tax code. They're always concerned that they're going to come back and be reassessed at a different tax rate.
We were talking earlier about investment in infrastructure in campgrounds. It's needed at all levels. Yes, we talk about Parks Canada, but for the private operators and the provincial parks, everybody needs to upgrade their systems. There's going to be that whole talk about EVs and where that is going and how does the industry address that. However, if they're so concerned about something like getting such a huge tax bill, we're finding that the campground operators are either not reinvesting, which is not good for the economy or, in some cases, actually closing their parks altogether.